• TRM (USD/COP)COP 3,235.59 +1.65% +COP 52.60Colombia's official exchange rate (Financial Superintendence), valid Nov 4 to Nov 4
  • EuroCOP 3,617.08 +1.72% +COP 61.02Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote
  • Mexican pesoCOP 173.98 +3.35% +COP 5.64Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote

Apollo acquires a minority stake in Mubadala Capital

FinanceInternationalFunds Society40 s readAI summary
Image: Funds Society

Apollo announced it will acquire a minority stake in Mubadala Capital and commit capital to its investment strategies. Alongside other strategic investors, it is expected to commit a total of $5 billion to those strategies at the initial closing. Mubadala Capital, founded in 2011, manages more than $60 billion across five alternatives strategies. Mubadala Investment Company will remain the majority shareholder and the manager will keep its independence and governance. The deal is expected to close in the fourth quarter of 2026, subject to regulatory approvals.

In 40 seconds

  • Apollo will take a minority stake in Mubadala Capital and commit capital to its strategies.
  • Together with other strategic investors, a total commitment of $5 billion is expected at the initial closing.
  • Mubadala Capital manages more than $60 billion across five alternative investment strategies.
Read the full story at Funds Society

IASummary generated by artificial intelligence from a story by Funds Society. It may contain errors: the original source prevails.

Comments

Be respectful. Comments reported by several people are hidden until a moderator reviews them.

You do not need an account to read, only to comment. Sign in with a code sent to your email or with your Google account. We only show the name you choose, never your email.

    Keep reading